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Topic: Bitcoin is Falling...Is it Panic Time? - page 55. (Read 34150 times)

sr. member
Activity: 630
Merit: 250
October 14, 2017, 07:18:12 AM
Panic when there is a falling bitcoin price is a natural thing, actually this kind of incident has happened a lot, then then bitcoin prices can recover and become higher.
Today, there is no need to panic and there is no need, because we see a very good growth of bitcoin. But the situation repeats again and before we wait for another fork, Bitcoin grows, but then a free fall can follow. Here What to do in this situation, Everyone chooses for himself.
sr. member
Activity: 1162
Merit: 258
1xbit.com
October 14, 2017, 06:52:11 AM
Panic when there is a falling bitcoin price is a natural thing, actually this kind of incident has happened a lot, then then bitcoin prices can recover and become higher.
full member
Activity: 574
Merit: 100
October 14, 2017, 06:49:35 AM
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?

if bitcoin falls this is the right time to buy sebnayk-bitcoin, because they probably do not know bitcoin will do this month's hardfork on the 28th of October 2017, like last month hardfork generate BCH and for those who have BTC balance in market accounts can get free coin the hardfork results.
legendary
Activity: 1232
Merit: 1029
October 14, 2017, 06:32:28 AM
Getting panic can give you nothing but a lot of suffering which can result in huge amount of loss. Ups and downs are the part of every business. So you need to prepare yourself so that you can decide well at such kind of time. You need to remain patient and control your nerves. Only then you can save your money from being drowned.
Even in the real sense, panicking will only make you to end up doing things you won't have done if you had taken your time to think well, strategize and make the best decision.

Panic has never solved any problem in the past and neither will it solve any in the future and it is left for anyone to understand first what they are doing before getting into it as to be enlighten them on the quality decision they need to make in case they are seeing some certain changes.
legendary
Activity: 2646
Merit: 1106
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October 14, 2017, 06:15:53 AM
There is nothing to panic, what's happening is the real cause. With bitcoin price drop happens at certain time interval once after growing high. This time too the price grew as high as $5800 and now it has dropped a little of around $200 and now seems around $5600. So this is quite the gradual growth.
sr. member
Activity: 448
Merit: 281
October 14, 2017, 06:05:23 AM
Bitcoin price fall and increase is common, everytime during the fall people will be getting panic and used to sell low missing the profit. With bitcoin one need to have patience to profit rather than selling on panic. This time the price drop is very big, but the same doesn't have a perfect reason behind as every digital coin is experiencinga drop and only very few are in the price pumping.
Bitcoin is falling, it is panic time? I think you should stay calm. Anything is under control. Why? Bitcoin can recover fast. But, in what way? Bitcoin industry have a lots of investor so Bitcoin can make a way to strength up their currency from falling the price. Bitcoin can make alternative way to avoid decreasesing by selling products to investor. You must stay calm and do not believe to the panic time of Bitcoin.
Yes I agree with you no need to disappoint and part of market some time it will be high some time it will be low but bitcoin has a good quality that it recover fast and it is also not a first time that the price come low and happen so many time before but then its recover fast so thing time again we need to wait for right time and it will be increase.
I don’t understand the reason of panicking that too with the legendary coin. It is crystal clear that bitcoin is leading this market for years and there is no other coin which can compete with bitcoin. It has been trend of bitcoin to dip little but pump damn high and those who have understood this thing are making much more money than their expectations with bitcoin. Bitcoin is the beauty of crypto kingdom.
sr. member
Activity: 2366
Merit: 332
October 13, 2017, 11:39:24 AM
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
For me I will not sell my bitcoins but hold it until the price hits to the moon. I will not be panic if its price will go down because next to that falling is rising.
We all want to reach at that level but we should know what price will make it reach to the moon.
That way we can set a target to sell because even if the value has increase significantly but if we will not sell we cannot enjoy our eprofit.

on my own point of view, yes there will always be rising and falling of rates of bitcoin but then it will not have its downfall since bitcoin now dominates economy. we shall not be afraid and we should not worry because bitcoin is strong. this will always have its big value and will never go down that much. we should not panic.

It is not bitcoin itself that is strong, bitcoin is not human. However, the technology is awesome and people understand the opportunity, the future and the value it brings. All these put together is what makes the support to be crazily strong and unbreakable. I like FUDs honestly and that is because it is a way to measure how the community perceives the technology and how well they are willing to support it or not to make it grow and make the impact it was invented to make.

I'm thinking it is not time for panic now, the panic should come when the new coin is released but for now, I guess we will not witness a huge dip in price from what it is trading on now.
hero member
Activity: 896
Merit: 502
October 13, 2017, 08:46:09 AM
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?

panic? it is a very fatal mistake for bitcoin players, it should be and the most appropriate when bitcoin is crushed down is buy it at the bottom point of resistance because the bitcoin is not likely to go down but more to always increase, everyone in the world is very fond of bitcoin, they will buy bitcoin as much as possible if the price falls.
Yes its true it’s a part of game if you can take advantage for his right time then you must also be a part of his bad time also so no need to make panic because it will never help  you just need to be relax and wait for his high price.
Yes I am sure all the investors who have bitcoin in their wallets will hold their bitcoin due to low price and will wait for the future. I feel panic should not be taken seriously because I am sure that after a few weeks the price will start a new journey towards the sky and that will be the happiest time for all the investors and the members of this forum who also earn their reward in bitcoin.
sr. member
Activity: 348
Merit: 250
October 13, 2017, 08:25:46 AM
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
For me I will not sell my bitcoins but hold it until the price hits to the moon. I will not be panic if its price will go down because next to that falling is rising.
We all want to reach at that level but we should know what price will make it reach to the moon.
That way we can set a target to sell because even if the value has increase significantly but if we will not sell we cannot enjoy our eprofit.

on my own point of view, yes there will always be rising and falling of rates of bitcoin but then it will not have its downfall since bitcoin now dominates economy. we shall not be afraid and we should not worry because bitcoin is strong. this will always have its big value and will never go down that much. we should not panic.

It is not bitcoin itself that is strong, bitcoin is not human. However, the technology is awesome and people understand the opportunity, the future and the value it brings. All these put together is what makes the support to be crazily strong and unbreakable. I like FUDs honestly and that is because it is a way to measure how the community perceives the technology and how well they are willing to support it or not to make it grow and make the impact it was invented to make.
If you want to compare the technology of Bitcoin to other cryptocurrencies, I do not think Bitcoin will be winner. Because Bitcoin is old crypto, of course it needs to many accept and discuss before change its system, as hardfolk recently. While that, other cryptocurrencies as Ripple, Dash, Monero or Ethereum can pass Bitcoin anytime about technology.
full member
Activity: 392
Merit: 100
October 13, 2017, 08:02:17 AM
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?

most people in this situation may be panic especially for beginners but panic will not bring profits but will get a loss, better to hold  until the price goes back up
full member
Activity: 518
Merit: 145
October 13, 2017, 07:56:13 AM
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
For me I will not sell my bitcoins but hold it until the price hits to the moon. I will not be panic if its price will go down because next to that falling is rising.
We all want to reach at that level but we should know what price will make it reach to the moon.
That way we can set a target to sell because even if the value has increase significantly but if we will not sell we cannot enjoy our eprofit.

on my own point of view, yes there will always be rising and falling of rates of bitcoin but then it will not have its downfall since bitcoin now dominates economy. we shall not be afraid and we should not worry because bitcoin is strong. this will always have its big value and will never go down that much. we should not panic.

It is not bitcoin itself that is strong, bitcoin is not human. However, the technology is awesome and people understand the opportunity, the future and the value it brings. All these put together is what makes the support to be crazily strong and unbreakable. I like FUDs honestly and that is because it is a way to measure how the community perceives the technology and how well they are willing to support it or not to make it grow and make the impact it was invented to make.
hero member
Activity: 2520
Merit: 624
October 13, 2017, 07:39:38 AM
Indeed, what 95% of people don't understand is that drops on price is the opportunity knowledgeable investors await. Most people start panicking and sell without thinking and researching and using their common sense. This happens in all areas of investment as it's very deep into human psychology.

Exactly the right thought to business. The fall in price is the right time to lunch in and this is precisely what has happened with bitcoin and even in forex trade. What one needs to do in the fall of price is to try and understand why the price is falling, whether it is expected to be temporary or permanently dipping, then you take a decision.

For instance now, talking about bitcoin, it has been said that one cause for its bullish is the fact that a coin is about to be introduced, adoption news from different countries etc. Research helps rather than just seating down and expect a miracle to happen just like that.
full member
Activity: 224
Merit: 100
October 13, 2017, 07:24:38 AM
No it's not. Falling of bitcoin's price means buying more of it. Bitcoins' volatility is just normal and through this, traders earn and gain more profits. If you're holding plenty of bicoins on its dump season, it's better to relax and just hold on with your bitcoin until it pumps again.
sr. member
Activity: 406
Merit: 251
October 13, 2017, 07:20:09 AM
For those who are unfamiliar with it may feel panic, but different if you have long transacted, you will think the decline is a regular occurrence, as well before you want to buy and sell, and see the state of the market or see charts to ensure the price and how much its value , whether there is a decrease or increase, and if it is purchased when the price rises, but the price goes down, you should hold it, and wait until the price goes up and then you sell when the price goes back up
sr. member
Activity: 1236
Merit: 252
October 13, 2017, 05:47:45 AM
Bitcoin price fall and increase is common, everytime during the fall people will be getting panic and used to sell low missing the profit. With bitcoin one need to have patience to profit rather than selling on panic. This time the price drop is very big, but the same doesn't have a perfect reason behind as every digital coin is experiencinga drop and only very few are in the price pumping.
Bitcoin is falling, it is panic time? I think you should stay calm. Anything is under control. Why? Bitcoin can recover fast. But, in what way? Bitcoin industry have a lots of investor so Bitcoin can make a way to strength up their currency from falling the price. Bitcoin can make alternative way to avoid decreasesing by selling products to investor. You must stay calm and do not believe to the panic time of Bitcoin.
Yes I agree with you no need to disappoint and part of market some time it will be high some time it will be low but bitcoin has a good quality that it recover fast and it is also not a first time that the price come low and happen so many time before but then its recover fast so thing time again we need to wait for right time and it will be increase.
full member
Activity: 679
Merit: 102
October 12, 2017, 10:01:11 AM
theres nothing to be panic if you are always panicking you can't think wisely and then all your effort gonna be loss, the higher the demand the number of value would increase, it's time for us to buy much bitcoin and store it, the more the bitcoin decrease the more they find a way to survive it, it is just every year it is the chance for you to buy the bitcoin well.
full member
Activity: 546
Merit: 105
October 12, 2017, 09:13:23 AM
you should not panic larena hsrga bitcoin fall. it's just speculation. bitcoon prices are affected by bitcoin demand. so if the demand is large then bitcoin price will be great. I think bitcoin will be more popular .. many people who use this coin for the benefit of the transaction. thus allowing bitcoin as an alternative payment. many companies now accept bitcoin. restaurant or online store .. this is what will make bitcoin prices go up. so you do not have to worry about the price of the downed bitcoin. it's only temporary
full member
Activity: 239
Merit: 100
October 12, 2017, 09:10:26 AM
Btc is a pioneer in this field, so glad to be a part of it. Hopefully we can all gain something along this trip, hopefully upwards. Imagine who bought at 2500 euro last month !!
legendary
Activity: 1137
Merit: 1000
October 12, 2017, 09:04:52 AM
If bitcoin fall down there is no need to panic. Because it is the characteristic of bitcoin or any currency.  It will fall down and then goes up again the next day or week.
It is a great time to buy more bitcoin instead of being panic when we see the price of bitcoin falls down. We know that bitcoin is supporting the world in many ways and with the technology of blockchain, we will have the better place to live
There is no point of getting panicked with the world best investment and digital currency. Bitcoin is the legendary digital currency and all other digital coins are somehow bound to follow the footsteps of the bitcoin. Whenever bitcoin is having dump, it is the best time for grabbing as many new bitcoins as you can afford since bitcoin pump damn hard after a dump.
Getting panic can give you nothing but a lot of suffering which can result in huge amount of loss. Ups and downs are the part of every business. So you need to prepare yourself so that you can decide well at such kind of time. You need to remain patient and control your nerves. Only then you can save your money from being drowned.
That is true but I think bitcoin is not falling at the moment so we must actually be happy by watching the daily progress and there is no great downfall prediction in this month so far. I also believe that bitcoin is going to rise up till the end of this year.

There can be a variation of few dollars but it should not cause panic. Instead of getting afraid, we must buy more coins in the dip.
full member
Activity: 350
Merit: 100
October 12, 2017, 01:02:50 AM
According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.

I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.

Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
If bitcoin falls, then all the Crypto-currency will fall, so if it really is, then we need to sell everything urgently, otherwise we will remain bankrupt. It will happen, but when it is unknown, while the game continues.
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